Joint Commission Resources Inc

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1986

Legal Domicile

Phone

6302687400

Tax Period

2023-01-01 to 2023-12-31

Joint Commission Resources Inc, founded in 1986, is a mid-sized nonprofit in the Health Care sector that reported $62.9M in total revenue in fiscal year 2023. Expenses of $59.5M left a modest 5% surplus.

Mission

Joint Commission Resources, Inc.'s mission is to continuously improve the safety and quality of health care in the United States and in the international community through the provision of education, publications, consultation, and evaluation services. JCR's vision is that all people always experience the safest, highest quality, best value health care across all settings.

Program Service Accomplishments

Program 1

Expenses: $17,410,696 Revenue: $21,605,863

JCR, the official publisher for the Joint Commission, publishes accreditation standards manuals, books, and periodicals on standards compliance, patient safety, performance improvement, infection...

JCR, the official publisher for the Joint Commission, publishes accreditation standards manuals, books, and periodicals on standards compliance, patient safety, performance improvement, infection control, medication management, and other issues related to healthcare quality. JCR also offers electronic accreditation and certification manuals and other electronic products to help healthcare organizations assess and manage their compliance with Joint Commission standards and support organizations' efforts to improve the quality and safety of healthcare delivery. (See Schedule O, Part III, Line 1, for further description)

Program 2

Expenses: $15,256,321 Revenue: $8,815,455

JCR supports its mission through its consultative technical assistance services to healthcare organizations on topics such as quality of care, patient safety, performance improvement, infection...

JCR supports its mission through its consultative technical assistance services to healthcare organizations on topics such as quality of care, patient safety, performance improvement, infection prevention and control, medication safety, environment of care, health-related systems evaluation, accreditation preparation assistance, and, for international governments, national accreditation system and quality improvement strategy development. Internationally, Joint Commission International (JCI) provides these services to healthcare organizations, Ministries of Health, and other third party stakeholders. (See Schedule O, Part III, Line 1, for further description)

Program 3

Expenses: $13,967,455 Revenue: $16,756,324

Joint Commission International (JCI), a division of JCR, provides international standards and accreditation and certification programs for international healthcare organizations. JCI standards and...

Joint Commission International (JCI), a division of JCR, provides international standards and accreditation and certification programs for international healthcare organizations. JCI standards and evaluation methods are designed to provide quantifiable benchmarks for patient care quality and improvement, to stimulate and support sustained performance improvement, and to provide a framework for risk reduction for international healthcare organizations. JCI offers accreditation programs for hospitals, academic medical centers, hospital and health care systems, clinical laboratories, ambulatory care, long term care, home care, primary care, and medical transport organizations. JCI also provides disease-specific and clinical care program certification. (See Schedule O, Part III, Line 1, for further description)

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $58,412,888

Investment Income $1,072,474

Other Revenue $3,391,225

TOTAL REVENUE $62,876,587

Expense Breakdown

Grants Paid $0

Salaries & Benefits $32,921,236

Fundraising Expenses $0

Program Expenses $53,068,057

Other Expenses $26,622,924

TOTAL EXPENSES $59,544,160

Year-over-Year Comparison

	2023	2022	Change
Revenue	$62,876,587	$62,007,786	+0.0%
Expenses	$59,544,160	$60,590,101	0.0%
Net Income	$3,332,427	$1,417,685	+1.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

283

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$5,576,487

Total Directors

$2,109,256

Key Employees

$277,096

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	Vice Chair	2.0	Officer Director	$0	$0	$0
N/A	President & CEO (Since April)	2.0	Officer Director	$0	$46,358	$2,053,972
N/A	Chair	2.0	Officer Director	$0	$0	$0
N/A	Director	3.0	Director	$0	$0	$0
N/A	Director	1.0	Director	$0	$0	$51,331
N/A	Director	1.0	Director	$0	$0	$0
N/A	Director	1.0	Director	$1,331	$0	$1,331
N/A	Director	1.0	Director	$1,331	$0	$1,331
N/A	Director	1.0	Director	$0	$0	$1,291
N/A	Director	1.0	Director	$0	$0	$0
N/A	Director	2.0	Director	$0	$0	$0
N/A	Director	1.0	Director	$0	$0	$0
N/A	Director	2.0	Director	$0	$0	$0
N/A	EVP & Chief Operating Officer	38.0	Officer	$910,864	$252,857	$1,163,721
N/A	VP Intl Accred, Quality Improvement & Patient Safety	40.0	Officer	$454,090	$127,859	$581,949
N/A	Secretary & General Counsel	16.0	Officer	$0	$362,769	$975,975
N/A	Treasurer & Chief Financial Officer (Through May)	5.0	Officer	$0	$-258,317	$219,982
N/A	VP EPRODUCTS & PER	40.0	Officer	$362,821	$218,067	$580,888
N/A	ED-US & CSR Consulting Srvcs	40.0	Key Emp	$224,320	$52,776	$277,096
N/A	Generalist Principal Consultant	40.0	Highest	$200,596	$20,183	$220,779
N/A	Specialist Principal Consultant	40.0	Highest	$206,244	$35,101	$241,345
N/A	Specialist Principal Consultant MD	40.0	Highest	$218,643	$55,013	$273,656
N/A	Generalist Principal Consultant	40.0	Highest	$231,071	$42,243	$273,314
N/A	Generalist Principal Consultant	40.0	Highest	$221,745	$31,809	$253,554

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$62,876,587	$59,544,160	$59,664,867	$3,332,427
2022	$62,007,786	$60,590,101	$56,245,506	$1,417,685
2021	$55,970,453	$49,071,035	$57,689,895	$6,899,418
2020	$44,960,143	$51,159,157	$52,957,490	$-6,199,014
2019	$65,359,856	$62,701,412	$59,331,746	$2,658,444
2018	$67,787,277	$62,588,722	$56,247,096	$5,198,555